Life Insurance Policy Review…A Disaster or Solution Waiting to Happen?


May 28, 2012
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For insured’s under the misperception that their life insurance policy is iron clad simply because they pay their annually billed premium, these folks may be in for an abrupt and expensive surprise.  Many policies are designed to stay in force only on the basis of critical assumptions being met or exceeded over the life of […]

Probate can inspire estate planning


November 19, 2010
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Almost all of my non-lawyer friends give me a funny look when I talk about probate.  Yes, it is an odd word, but with a short explanation, it makes sense.  I  find that the basics can be easily explained in one sentence – Probate occurs when someone dies and a court gives someone else (the […]

Til Death Do Us Part? Effects of Divorce.


November 7, 2010
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It is a fact of life that not every marriage will last until the death of either spouse. Thus, it is important to understand the effects of divorce on inheritance. Commencement of Divorce Proceedings In Minnesota, many believe that simply the commencement of a divorce will revoke any disposition to a soon-to-be-ex-spouse. This is not […]

Life Insurance News Flash!


October 8, 2010
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ALERT:  Life insurance proceeds may be included in a decedent’s gross estate for estate tax purposes. The Impact of Life Insurance Many people underestimate the total value of their estate.  People assume that they do not have enough assets to worry about estate tax planning.   However, most do not realize how their life insurance factors […]